United Kingdom

City Lodge Hotels Ltd (CLHJ.J)

CLHJ.J on Johannesburg Stock Exchange

17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

City Lodge Hotels FY revenue up 14.6 pct
Friday, 12 Aug 2016 

City Lodge Hotels Ltd : FY normalised headline profit before tax for group increased by 12.4 pct to R511,8 million . Total revenue for year grew by 14.6 pct to R1.5 billion . FY average room rates achieved at South African operations increased by slightly more than rate of inflation . In South Africa, FY operating costs increased by 9.8 pct on a per room sold basis . Final dividend increased by 7.8 pct to 248 cents . 2017 financial year has thus far experienced softer occupancies than in previous year ."Our belief is that upward occupancy trend that began in late 2011 will resume".  Full Article

City Lodge Hotels sees FY HEPS up 18-23 pct
Thursday, 4 Aug 2016 

City Lodge Hotels Ltd : Sees fy diluted normalised earnings per share 835,9 cents - 873,9 cents up 10-15 percent .Sees FY diluted HEPS 840,6 cents - 876,3 cents up 18-23 pct.  Full Article

UPDATE 1-South Africa's City Lodge Hotels' profits hit by weak demand

JOHANNESBURG, Aug 16 South Africa's City Lodge Hotels, the owner of the Town Lodge brand, on Wednesday reported a drop in full-year profits, citing weak economic growth and deteriorating consumer confidence.